Business Segments · Total Valuation Allowance

Asset Management — Total Valuation Allowance

Apollo Global Management Asset Management — Total Valuation Allowance increased by 100.0% to $54.00M in Q4 2025 compared to the prior quarter. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ4 2022
Last reportedQ4 2025

How to read this metric

An increase in the allowance suggests management is less confident in the ability to utilize tax assets, which is a negative signal.

Detailed definition

This is a contra-asset account that reduces the total deferred tax assets to the amount that is more likely than not to...

Peer comparison

Standard tax valuation allowance reporting for all companies with deferred tax assets.

Metric ID: apo_segment_asset_management_total_valuation_allowance

Historical Data

4 periods
 Q4 '22Q4 '23Q4 '24Q4 '25
Value$0.00$8.00M$27.00M$54.00M
QoQ Change+237.5%+100.0%
YoY Change+237.5%+100.0%
Range$0.00$54.00M
Avg YoY Growth+168.8%
Median YoY Growth+168.8%
Current Streak2+ quarters growth

Frequently Asked Questions

What is Apollo Global Management's asset management — total valuation allowance?
Apollo Global Management (APO) reported asset management — total valuation allowance of $54.00M in Q4 2025.
What does asset management — total valuation allowance mean?
A reserve account that reduces the value of deferred tax assets based on the likelihood of realization.